Law No. 7555: permit framework in foreign exchange and precious metal activities
The text published by the Ministry of Treasury and Finance includes the authorization requirement for certain financial activities and unauthorized activity provisions.
The amendments made by Law No. 7555 rearranged the permit framework for commercial foreign exchange buying and selling and certain precious metal activities. The text published by the Ministry also includes stock exchange membership, refining and activities within the scope of the Kimberley Process.
These rules show that holding foreign currency for the company's own commercial transactions is not the same as carrying out foreign exchange trading activities professionally. The field of activity requiring permission and the company's business model need to be evaluated together.
Businesses planning a new activity should not start based solely on the subject of activity in the commercial registry. Permit, fee and supervision conditions should be checked with current legislation. In the news, the amounts in the old tariffs are not presented as current fees.
Automatic translation. If in doubt, review the Turkish text and the official source.